Govt may cut interest rates of small savings schemes for July-Sept quarter

For some schemes the cut may be 30-50 bps; not all will be affected

Arup Roychoudhury | New Delhi
Last Updated at June 25, 2019 03:09 IST

The government may lower interest rates on small savings schemes for the July-September quarter, according to senior government sources. The cut may only be for some — and not all — small savings schemes, and could be as high as 30-50 basis points.

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